Microsoft announces that three laptops at a sub-$250 price point are in production. The $249 Toshiba 11.6″ has a 32 GB SSD and weighs 2.2 lbs, and the $249.99 Acer Aspire ES1 has 500 GB of onboard storage and 4 GB of RAM. No specifications are released for the HP Stream, but it will cost $199 with a smaller mini laptop version at $99. Microsoft COO Kevin Turner makes it clear that these devices are meant to compete with the Chromebook:
We’ve got a great value proposition against Chromebooks, we are not ceding the market to anyone.